The prices in real estate in Elk Garden, in the West Virginia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Elk Garden has increased strongly during the last 6 months. In November, the average price per sq.feet was $135. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 17132 %. The price per sq.feet has had a considerable deflation of 80 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $5,815.75 to $4,652 during March, and April.
Based upon to the price in Elk Garden (cities), this has fallen considerably in the last 6 months. The average price for November is $163,543. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable increase of 138 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $97,460.75 to $48,400, which means a 50 % fall.